As President-elect Joe Biden forms his cabinet, he will make it a top priority to assemble an economic team that can confront the surging unemployment and business slowdown touched off by the coronavirus pandemic.
Biden will look for a Treasury secretary and other key officials to negotiate with Congress on more stimulus, roll back some of President Donald Trump’s tax cuts and mend relations with U.S. trading partners. A few contenders have emerged to fill the top economic-policy jobs, including Federal Reserve Governor Lael Brainard for Treasury and economist Heather Boushey as director of the National Economic Council.